ARES at a glance
Ares Management (ARES, SEC CIK 1176948) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on September 30, 2026 and Form 4 insider filings as recently as August 21, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Ares Management (ARES) reported revenue of $5.6 billion (up 44.2% from FY2024) and net income of $527.4 million.
- As of June 30, 2026, 39 institutional investment managers tracked by SignalX reported holding Ares Management (ARES) shares worth $10.9 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $5.6B
- +44.2% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 39 funds
- $10.9B · −1 vs prior quarter
- Latest 8-K
- Sep 30, 2026
- Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Management Discussion & Analysis
- Total revenues $5.60B, up 44% YoY (+$1.72B), driven by management fees +25% to $3.68B and carried interest surge to $1.15B from $390M
- FRE $1.78B vs $1.36B; RI $1.85B vs $1.47B; no consolidated operating margin disclosed, but net income attributable to AMC $527M vs $464M (+14%)
- Best segment: Credit Group FRE $1.82B (+16%); worst: Private Equity Group FRE $58M (-4%), RI $40M (-25%)
- GCP Acquisition (March 2025) added $202.8M management fees, $157.2M other fees, $113.3M employment costs, and $179.4M G&A to Real Assets; no buyback or dividend figures disclosed beyond $101.3M Series B preferred dividends
- AUM $622.5B (+29% YoY); $78.8B dry powder not yet fee-paying could add ~$730M incremental annual management fees (23% embedded growth); key risks include tariff uncertainty, interest rate volatility, and GCP integration costs
Business Overview
- Global alternative asset manager with $622.5B AUM across Credit ($406.9B), Real Assets ($139.1B), Secondaries ($42.1B), and Private Equity ($25.3B)
- GCP Acquisition (completed March 1, 2025) added logistics and digital infrastructure capabilities, expanding geographic presence into GLP's international markets
- Record $113.2B gross new capital raised in 2025; $145.8B deployed, with Credit dominating at $111.1B deployed
- AUM CAGR of 26% over 5 years, growing from $94.0B a decade ago; institutional relationships expanded from 1,090 in 2020 to 2,850 in 2025
- SPAC investment converted into Kodiak AI (Nasdaq: KDK) in September 2025 after AAC II completed business combination with Kodiak Robotics
Risk Factors
- FSOC non-bank SIFI designation risk under Dodd-Frank Act: if designated, triggers Federal Reserve capital, leverage, and stress-test requirements designed for banks
- Direct lending AUM = 44% of total AUM as of Dec 31, 2025: concentrated exposure to credit market downturns and rising regulatory scrutiny of private credit
- ARCC management fees (including Part I Fees) comprise significant portion of total revenues: termination of advisory agreement requires only 60 days notice
- $1,380M outstanding under Credit Facility plus $2,150M senior notes and $450M subordinated notes: SOFR-based facility exposes interest costs to short-rate increases
- AI adoption by competitors, including low-cost algorithmic platforms, cited as direct competitive threat: new entrants may enter asset management using AI-native investment platforms
AI summary of the ARES 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $1.429B, up 6% YoY from $1.350B
- Net income $313.0M, up 38% YoY from $226.0M
- Management fees $1.018B, up 13% YoY; carried interest $249.9M, down 23% from $323.9M
- Credit funds largest carried-interest contributor at $153.3M; Other businesses weakest at negative $25.3M
- AUM $671.3B vs $572.4B YoY; $92.6B not-yet-fee-paying AUM and $828.2M potential annual management fees
- Near-term headwinds: geopolitical tension, energy-market disruptions, monetary-policy uncertainty and selective private-equity activity
Risk Factors
- No risk-factors section provided in the submitted excerpt
- No newly added, updated, regulatory, operational, competitive, or financial risks identifiable from Items 2–6
- Amendment No. 14 to senior credit agreement dated May 21, 2026
- No defaults upon senior securities reported
- No Rule 10b5-1 trading-plan adoptions or terminations during the quarter
AI summary of the ARES 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Forward-looking statements address realized net performance income, making future fee-related earnings the key investor focus
- Actual results may materially differ due to operational, financial, liquidity, and growth-strategy risks
Item 7.01: Regulation FD Disclosure
- Quarterly Class A dividend of $1.35 per share declared
- Payment scheduled for September 30, 2026, to shareholders of record September 16, 2026
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026
- Press release issued July 31, 2026
Item EX-99.1: Item EX-99.1
- Q2 2026 GAAP net income $150.6M, or $0.49 per Class A and non-voting share
- After-tax realized income $467.6M, or $1.29 per Class A share; fee-related earnings $491.1M
Item 7.01: Regulation FD Disclosure
- Preliminary Q2 2026 realized net performance income above $50M, versus $16M in Q2 2025
- Implied increase of more than $34M, signaling substantially stronger performance-related earnings
AI summaries of ARES 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for ARES
Don't miss the next ARES filing
- Alerts as it files. A push when ARES files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut ARES, by share count.
- Ask anything. An AI agent that reads every ARES filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Jacobson Blair | G | Aug 20, 2026 | 8,000 | - |
| Joubert Paul G. | A | Jul 30, 2026 | 1,728 | - |
| BHUTANI ASHISH | A | Jul 30, 2026 | 1,728 | - |
| BUSH ANTOINETTE COOK | A | Jul 30, 2026 | 1,728 | - |
| Lynton Michael | A | Jul 30, 2026 | 1,728 | - |
| Olian Judy D. | A | Jul 30, 2026 | 1,728 | - |
| Naughton Eileen | A | Jul 30, 2026 | 1,728 | - |
| Phillips Jarrod | F | Jul 1, 2026 | 2,583 | $113.63 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $3.6B | $3.9B | $5.6B | |
| Net Income | $474.3M | $463.7M | $527.4M | |
| Net Margin | 13.1% | 11.9% | 9.4% | |
| Balance Sheet | ||||
| Total Assets | $24.7B | $24.9B | $28.6B | |
| Equity | $1.9B | $3.5B | $4.3B | |
| ROE | 25.1% | 13.1% | 12.3% | |
| Cash Flow | ||||
| Operating CF | -$233.3M | $2.8B | $3.3B | |
Source: XBRL data in Ares Management (ARES)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate ARES share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 39 | $10.90B |
| Q1 2026 | 40 | $9.71B |
| Q4 2025 | 37 | $15.45B |
| Q3 2025 | 36 | $15.63B |
| Q2 2025 | 35 | $15.12B |
| Q1 2025 | 31 | $9.45B |
| Q4 2024 | 27 | $8.28B |
| Q3 2024 | 23 | $2.82B |
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- Third Point LLC+375.0K
Source: 13F-HR filings on SEC EDGAR (aggregated from 268 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
ARES filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 30, 2026 | - | Analysis | - |
| 4 | Aug 21, 2026 | - | - | - |
| 10-Q | Aug 7, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Aug 3, 2026 | - | - | - |
| 4 | Aug 3, 2026 | - | - | - |
| 4 | Aug 3, 2026 | - | - | - |
| 4 | Aug 3, 2026 | - | - | - |
| 4 | Aug 3, 2026 | - | - | - |
| 4 | Aug 3, 2026 | - | - | - |
| 8-K | Jul 31, 2026 | - | Analysis | - |
| 8-K | Jul 10, 2026 | - | Analysis | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 8-K | Jun 11, 2026 | - | Analysis | - |
| 4 | Jun 4, 2026 | - | - | |
| 8-K | May 28, 2026 | - | Analysis | |
| SC 13G | May 15, 2026 | - | - | |
| SC 13G | May 14, 2026 | - | - | |
| 10-Q | May 8, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 1, 2026 | - | Analysis | - |
| SC 13G | Apr 29, 2026 | - | - | |
| 8-K | Mar 31, 2026 | - | - | - |
| 8-K | Mar 31, 2026 | - | - | - |
| 10-K | Feb 25, 2026 | Dec 31, 2025 | Analysis |
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ARES SEC filings: frequently asked questions
Which institutions hold ARES stock?
As of June 30, 2026, the largest Ares Management (ARES) holders among the 13F filers tracked by SignalX were BlackRock ($1.9 billion), Vanguard Capital Management LLC ($1.5 billion), Bank of America Corp ($1.3 billion), Vanguard Portfolio Management LLC ($1.2 billion), State Street Corp ($999.4 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was ARES's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Ares Management (ARES) reported revenue of $5.6 billion (up 44.2% from FY2024) and net income of $527.4 million. The figures come from the XBRL data in the 10-K.
What are the main risks in ARES's latest 10-K?
In the 10-K filed February 25, 2026, Ares Management (ARES) flagged: FSOC non-bank SIFI designation risk under Dodd-Frank Act: if designated, triggers Federal Reserve capital, leverage, and stress-test requirements designed for banks. Direct lending AUM = 44% of total AUM as of Dec 31, 2025: concentrated exposure to credit market downturns and rising regulatory scrutiny of private credit. (AI summary of the Risk Factors section.)
What did ARES report in its latest 8-K?
Ares Management (ARES) filed an 8-K on September 30, 2026 reporting Item 7.01 (Regulation FD Disclosure). Forward-looking statements address realized net performance income, making future fee-related earnings the key investor focus.
What are the latest ARES SEC filings?
Ares Management (ARES) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on September 30, 2026 and a Form 4 insider filing on August 21, 2026.
What is ARES's SEC CIK number?
Ares Management (ARES)'s SEC Central Index Key (CIK) is 1176948. EDGAR lists every ARES filing under that number.
Ask anything about ARES
The research agent reads ARES's filings, financials, insider trades and 13F holders, then answers with sources.